Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
By Barry Eichengreen. 2011
503 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/3c817c2bada1eef24bd2e8c948a42e86cdba5fc1
Citations in the corpus
- Financial Intermediation, International Risk Sharing, and Reserve Currencies (2017, unknown): “Financial intermediaries are concerned about two sources of risk: fundamental risk and financial Eichengreen (2011, page 64) shows that 63% of world official reserves were held in US dollars at year-end 2009, a figure close to the average for the period 1965-2009. See Maggiori (2010) for details of ”
- Subordinated Financial Integration and Financialisation in Emerging Capitalist Economies: The Brazilian Experience (2018, unknown): “Institutional approaches (e.g. Eichengreen 2010) place the spotlight on the willingness and ability of a currency’s issuer to safeguard its market-based attractiveness.”
- Sino-Capitalism: China's Reemergence and the International Political Economy (2012, unknown): “120 Eichengreen 2011.”
- International Channels of Transmission of Monetary Policy and the Mundellian Trilemma (2015, unknown): “monetary policy and of crises in the context of a fixed exchange rate regime (the Gold Standard) has been analyzed by Eichengreen (1992). But since the collapse of BrettonWoods, the importance of the dollar in international banking, its use as a funding currency for banks and asset managers and the ”
- A Model of the International Monetary System (2018, unknown): “As a result, it is not just present coordination problems that are a source of present instability as in our baseline model, but also future coordination problems because they endogenously reduce the present commitment of each individual issuer.”
- Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?* (2019, unknown): “Eichengreen (2011), for example, argues that the world is headed toward a multipolar system where the euro dominates in Europe, the U.S. dollar is the anchor in the Americas, and the Chinese renminbi becomes the main currency in Asia.”